Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5708 Bingle Rd Houston, TX 77092

    • Auto shops
    • 4,264 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimations
    $330,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4526516
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 5708 Bingle Rd

    Year built
    1972
    Construction
    METAL FRAME
    Lot size
    0.36 lot acres
    Property size
    4,264 SF
    Property type
    Auto shops
    APN
    301700150033
    APU
    301700150033

    Description

    This 6,280 square foot auto repair shop, located at 5708 Bingle Rd in Houston, Texas, presents a fantastic investment opportunity. Situated on a 0.36-acre corner lot in Harris County (zip code 77092), this Class C retail property offers exceptional visibility and accessibility. The building boasts a 15-foot clear height, ten overhead doors, and a dedicated paint booth, making it ideal for a variety of automotive businesses. An existing office and reception area provide ample space for administrative functions. The property benefits from city utilities and convenient access to Highway 290. With approximately 34,000 vehicles passing daily on Bingle Road, this location offers significant traffic exposure. The property features two road access points, enhancing convenience for both customers and employees. Importantly, this location is outside all designated flood zones. The lease is a NNN (Net, Net, Net) single-tenancy agreement. This well-equipped auto shop is ready for immediate occupancy and represents a strong value proposition in a high-traffic area of Houston.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $335,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $218,000
      Market price range: $219k - $454k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4885
    Latitude
    29.8478
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $4,774
    $187,500
    $144,180
    $331,680
    -
    $187,500
    $144,180
    $331,680

    Comparable in this City

    • Value Estimation
      $370,000
      2,205 SF

      12445 Nwnw Fwy

      AUTO REPAIR, GARAGE • 2,205 SF
      12445 Nwnw Fwy, Houston, TX 77092-3113
      View Details
    • Value Estimation
      $315,000
      4,600 SF

      5009 Pinemont Dr

      AUTO REPAIR, GARAGE • 4,600 SF
      5009 Pinemont Dr, Houston, TX 77092-3533
      View Details
    • Value Estimation
      $335,000
      7,150 SF

      2212 Mangum Rd

      AUTO REPAIR, GARAGE • 7,150 SF
      2212 Mangum Rd, Houston, TX 77092-8116
      View Details
    • Value Estimation
      $355,000
      3,280 SF

      12490 Nwnw Fwy

      AUTO REPAIR, GARAGE • 3,280 SF
      12490 Nwnw Fwy, Houston, TX 77092-3114
      View Details
    • Value Estimation
      $315,000
      2,331 SF

      5202 Bingle Rd

      AUTO REPAIR, GARAGE • 2,331 SF
      5202 Bingle Rd, Houston, TX 77092-3106
      View Details
    • Value Estimation
      $395,000
      7,986 SF

      5111 Antoine Dr

      AUTO REPAIR, GARAGE • 7,986 SF
      5111 Antoine Dr, Houston, TX 77092-3313
      View Details

    Similar Nearby for Sale

    • $2,018,000
      2,573 SF

      Houston Jack in the Box NNN Lease

      High-yield QSR investment opportunity. Strong tenant, long lease.
      11630 Hempstead Hwy, Houston, TX 77092
      View Details
    • $2,000,000
      13,977 SF

      Houston Office/Flex Property with Showroom

      Office/flex property with showroom in Northwest Houston for sale.
      4111 Directors Row, Houston, TX 77092
      View Details
    • Contact for pricing
      34,400 SF

      West Houston Warehouse and Office

      Multi-tenant buildings with quick access to major thoroughfares.
      6111-6117 Milwee St, Houston, TX 77092
      View Details
    • $549,000

      Pinemont Investment Property For Sale

      Investment property suitable for business, homes, or townhomes.
      4934 Pinemont Dr, Houston, TX 77092
      View Details
    • Contact for pricing
      29,863 SF

      Freestanding Crane-Served Industrial Building

      29,863 SF industrial building with crane and office space.
      4723 Pinemont Dr, Houston, TX 77092
      View Details
    • Contact for pricing

      Prime Land on Hempstead Road

      1.6 acres with frontage on Hempstead Road in Houston.
      11442 Hempstead Rd, Houston, TX 77092
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,352 SF

      Antoine Business Park Retail Center

      Spring Branch Retail Space - Two Suites Available
      3050 Antoine Dr, Houston, TX 77092
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space on Northwest Freeway

      2000 SF retail space available for rent.
      10600 Northwest Fwy, Houston, TX 77092
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space with Pylon Signage

      High-traffic retail space with excellent access and pylon signage.
      12700 Northwest Fwy, Houston, TX 77092
      View Details
    • $26 SF/Yr
      2,836 SF

      Equipped Restaurant Space For Lease

      Second generation restaurant space in Houston's Greater Heights/Oak Forest area.
      3327 Mangum Rd, Houston, TX 77092
      View Details
    • Contact for pricing
      20,250 SF

      Northway Center: Retail Opportunity

      20,250 SF Retail Space Available
      11077 Northwest Fwy, Houston, TX 77092
      View Details
    • $12 SF/Yr
      132,501 SF

      34th Street Business Park Units Available

      Houston Flex Space, Warehouse, R&D
      4800 34Th St, Houston, TX 77092
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5708 Bingle Rd
    Houston, TX 77092
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.